At a Glance
- Tasks: Join Nuveen as a Fixed Income Trader, focusing on European and Emerging Markets.
- Company: Nuveen is a global investment leader, managing assets for clients worldwide.
- Benefits: Enjoy a diverse workplace with support for your application process.
- Other info: This role requires UK regulatory certification and offers opportunities for growth.
- Why this job: Be part of a dynamic team shaping global trading strategies and market trends.
- Qualifications: 2+ years in credit trading; strong analytical and communication skills required.
The predicted salary is between 72000 - 100000 £ per year.
The Global Fixed Income team at Nuveen is looking to hire a Fixed Income Trader to expand their existing London team as they build out their additional global product offerings.
This role will focus on trading European Corporate and Government bond markets in addition to select Emerging Markets and the associated FX for a Global Bond ETF product . This will require a strong understanding of fixed income markets and trading protocols as well as knowledge of ETF product construction. As a member of the Global Trading Team you will also engage with portfolio managers and analysts to contribute to discussion regarding market trends, liquidity conditions and market technicals.
Key responsibilities:
Serves as the primary trader for the firm’s Global ETF fund, executing trades across global developed and emerging markets with a strong understanding of local market structures, trading hours and liquidity dynamics.
Supports the execution and development of trading strategies related to Global ETFs, including both primary (creation/redemption) and secondary market activities along with associated FX hedging requirements.
Maintain and expand the existing low touch trading of liquid fixed income instruments and develop high touch trading competencies in each market traded on the London desk.
Monitors market movements and trading environment dynamics to inform on the purchasing and selling of fixed income securities.
Maintains portfolio records and prepares reports that detail the purchases and sales of fixed income securities.
Seeks to controls trading costs on behalf of clients to support clients and manage funds.
Monitors all trading processes and documentation to ensure practices comply with UCITS, MiFID II, and firm level standard policies and procedures.
Maintains investment customer confidence by keeping order information confidential and cautioning others of potential breaches.
Troubleshoots daily trade, settlement, and operational issues, ensuring seamless post-trade processes across global time zones, including Asia & EMEA
Qualifications & Experience Required
Must have a proven track record of 2+ years of credit trading experience in Global/EM markets
Bachelor\'s degree in Finance, Economics, or related field; MBA or IMC/CFA preferred
Demonstrated experience with ETF creation/redemption processes
Proven track record in fixed income securities trading across multiple markets
Strong understanding of global market structures, trading hours, and liquidity dynamics
Experience with FX hedging strategies and implementation
Proficiency with Bloomberg Terminal, TradeWeb, MarketAxess and other relevant trading platforms
Knowledge of UCITS, MiFID II regulations, and compliance requirements
Excellent analytical skills with ability to interpret market movements and trading patterns
Effective communication skills to collaborate with portfolio managers and operations teams
Experience troubleshooting trade settlement issues across multiple time zones
Ability to work effectively during non-standard hours to accommodate global markets
Strong attention to detail with emphasis on accuracy in trade execution and record-keeping
These additional qualifications align with the key responsibilities outlined in the job description, particularly focusing on the ETF product construction, regulatory knowledge, and cross-market expertise needed for the position.
Competencies Required
Strong knowledge of fixed income markets, including bonds, ETFs, and derivative instruments
Excellent understanding of global market structures, trading hours, and liquidity dynamics across developed and emerging markets
Proficiency with electronic trading platforms and order management systems
Ability to analyze market trends and execute timely trading decisions
Experience with both high-touch and low-touch trading strategies
Strong quantitative and analytical skills for evaluating trading costs and execution quality
Excellent risk management capabilities
Thorough knowledge of regulatory requirements including UCITS and MiFID II
Detail-oriented with strong record-keeping and reporting abilities
Effective problem-solving skills for resolving trade, settlement, and operational issues
Ability to work collaboratively with portfolio managers and investment teams
Strong communication skills to liaise with global teams across different time zones
Adaptability to changing market conditions and trading environments
Ethical decision-making and commitment to maintaining client confidentiality
This role requires Certified Staff - UK regulatory designation.
Nuveen is committed to providing equal opportunity across all employment practices and we believe our employees have a right to a diverse and inclusive workplace.
Nuveen offers support for those who need assistance with our online application process to provide an equal employment opportunity to all job seekers, including individuals with disabilities.
Related Skills
Algorithmic Trading, Asset Class Expertise, Bond Mathematics, Business Process Improvement, Client Relationship Management, Collaboration, Consultative Communication, Data Engineering/Analytics, Digital Savviness, Financial Markets, Financial Risk Management, Negotiation, Relationship Management, Trading Best Execution, Trading Strategies
Company Overview
Nuveen is a global investment leader, managing public and private assets for clients around the world and on behalf of TIAA, our parent company and one of the world’s largest institutional investors. We invest in the growth of businesses, real estate, infrastructure and natural capital, providing clients with the reliability, access and foresight unique to our heritage. Our prevailing perspective on the future drives our ambition to innovate and adapt our business to the changing needs of investors - all to pursue lasting performance for our clients, our communities and our global economy. Visit to learn more about us.
Accessibility Support
TIAA offers support for those who need assistance with our online application process to provide an equal employment opportunity to all job seekers, including individuals with disabilities.
If you are a U.S. applicant and desire a reasonable accommodation to complete a job application please use one of the below options to contact our accessibility support team:
Phone: (800) 842-2755
Email:
Privacy Notices
For Applicants of TIAA, Nuveen and Affiliates residing in US (other than California), click here ( .
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For Applicants of Nuveen residing in Europe and APAC, please click here ( .
TIAA started out over 100 years ago to help ensure teachers could retire with dignity. Today, many people who work at not-for-profits rely on our wide range of financial products and services to support and strengthen their financial well-being.
Privacy Notices
For Applicants of TIAA, Nuveen and Affiliates residing in US (other than California), click here ( .
For Applicants of TIAA, Nuveen and Affiliates residing in California, please click here ( .
For Applicants of TIAA Global Capabilities, click here ( .
For Applicants of Nuveen residing in Europe and APAC, please click here ( .
Nondiscrimination & Equal Opportunity Employment
TIAA is committed to providing equal opportunity across all employment practices and we believe our employees have a right to a diverse and inclusive workplace.
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Pay Transparency
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#J-18808-LjbffrNuveen Fixed Income Trader, Director - Based in London employer: Teachers Insurance and Annuity Association of America
Nuveen is an exceptional employer, offering a dynamic work environment in the heart of London where innovation and collaboration thrive. Employees benefit from a strong commitment to professional growth, with opportunities to engage in global trading strategies and contribute to impactful investment decisions. The inclusive culture fosters diversity and supports employees in achieving their career aspirations while navigating the complexities of fixed income markets.
Contact Details:
Teachers Insurance and Annuity Association of America Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Nuveen Fixed Income Trader, Director - Based in London
✨Tip Number 1
Familiarise yourself with the latest trends in European Corporate and Government bond markets. Understanding current market dynamics will not only help you in interviews but also demonstrate your proactive approach to staying informed.
✨Tip Number 2
Network with professionals in the fixed income trading space, especially those who have experience with ETFs. Engaging in conversations can provide insights into the role and may even lead to referrals.
✨Tip Number 3
Brush up on your knowledge of UCITS and MiFID II regulations. Being well-versed in these compliance requirements will show that you are serious about adhering to industry standards.
✨Tip Number 4
Demonstrate your analytical skills by preparing to discuss specific market movements or trading strategies you've implemented in the past. This will highlight your ability to make informed trading decisions.
We think you need these skills to ace Nuveen Fixed Income Trader, Director - Based in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights your relevant experience in fixed income trading, particularly in Global and Emerging Markets. Emphasise your understanding of ETF product construction and any specific trading platforms you have used.
Craft a Strong Cover Letter:In your cover letter, express your enthusiasm for the role at Nuveen and explain how your skills align with their requirements. Mention your experience with FX hedging strategies and your ability to analyse market trends.
Showcase Relevant Skills:Highlight your analytical skills and attention to detail in your application. Provide examples of how you've successfully executed trades and managed trading costs in previous roles.
Prepare for Potential Questions:Think about the key responsibilities mentioned in the job description and prepare to discuss how your past experiences relate to them. Be ready to talk about your knowledge of UCITS and MiFID II regulations.
How to prepare for a job interview at Teachers Insurance and Annuity Association of America
✨Know Your Fixed Income Markets
Make sure you have a solid understanding of European Corporate and Government bond markets, as well as Emerging Markets. Brush up on trading protocols and the nuances of local market structures to demonstrate your expertise during the interview.
✨Familiarise Yourself with ETFs
Since this role involves Global Bond ETFs, be prepared to discuss ETF product construction and the creation/redemption processes. Highlight any relevant experience you have in this area to show that you're the right fit for the team.
✨Showcase Your Analytical Skills
Prepare to discuss how you've used analytical skills to interpret market movements and trading patterns in your previous roles. Be ready to provide examples of how you've made timely trading decisions based on your analysis.
✨Communicate Effectively
Effective communication is key in this role, especially when collaborating with portfolio managers and analysts. Practice articulating your thoughts clearly and concisely, and be prepared to discuss how you've successfully worked with teams in the past.
